CNBC Goes "Inside Harvard Business School"

Posted by: Louis Lavelle on December 11, 2008

For those of you who are considering Harvard Business School, a documentary by CNBC might be of interest. On Wednesday, Dec. 17, at 10 p.m.(ET)the network will broadcast a documentary on “the West Point of capitalism,” marking the HBS centennial. It’s called “The Money Chase: Inside Harvard Business School.” Some HBS alums who went on to become big dog CEOs (Jeff Immelt, Meg Whitman, Jamie Dimon) share their thoughts. And first-year students translate Harvard-speak (“cold call,” “chip shot,” and “pit-diving,” which is not as much fun as it sounds). There are video clips on the CNBC site—check ‘em out.

Reader Comments

Dividend Payer

January 1, 2009 7:33 AM

How do you succeed, once you graduate Harvard Business School?

Well, it is a bit complicated, but it amounts to getting a top job as an officer of one of the top banks in the United States or at one of their brokerage arms, after the intensive study at Harvard. Then, after about 6 to 7 years of commissioning dividend distributions, taken from the balance sheet, asking tax payer base to pay for those distributions, in the 8th year. It helps your "success," to have a top banker such as Hank Paulson (acting as broker again, for all banks collectively, and going to the new client - the U.S. Government - to ask the client to give the banks money to make up for the six to seven years of dividend payouts, that the Harvard grads have assure would be taken out of the balance sheet in the six to seven years prior).

This is the definition of "success," taught by professors of the once prestigious Harvard Business School.

That is taking money from the balance sheet in 2001, 2002, 2003, 2004, 2005, 2006 and 2007 ; giving that money taken from the balance sheet out to share holders, as dividend distributions. Then in the 8th year, asking tax payer base to pay for those prior years of dividends, lifted out of the balance sheet, in those prior years.

"Success" is not achieved until, you nominate Hank Paulson as business person of the year. And overlook the commissioning of top officers of the banks, and persons of authority in their brokerage houses, who have commissioned the sale of troubled assets and toxic assets. It is important for "success" to be achieved if you can also, brain storm in house, under banner of corporate secrecy, to figure out who are the most vulnerable and likely clients of the firm, who can be duped and hoodwinked into buying bundles of toxic assets, with derivatives and credit default obligations sold (at a premium) as insurance, while the brokering (finding buyers) occurs for selling same toxic and troubled assets, that you as a Harvard graduate, know, are toxic and troubled hot-potato-assets.

It also helps if you can have top officers commission or look aside as lower ranked officers in the firm, who have great authority over underlings, can also encourage some dishonesty or a number of dishonest statements, essential for selling toxic bundles and troubled assets, essential to duping target clients and target nations, into buying the false insurance, while also buying the troubled and toxic assets.

Keep in mind, success is measured by how much money you can get tax payer base to pay, your bank or firm, while in years past, you have commissioned the extraction of funds from the balance sheet to pay out dividends, while officers in the bank, in those same years, are acting with fervor, to sell and promote the sale of toxic assets to the more gullible clients of the firm; those clients who are in a trusting relationship with the bank and officers of their brokerage arms.

Its nice to know Harvard Business School is so tough and produce such morons who overlook the fleecing of the tax payer base. While most of American is held liable for debts and mistakes in finance, that the top tier of our scholars and economists, look aside (and open our check books to pay them) when they make mistakes in financial matters and mis-manage their corporations for years and years. And on top of mis-management and malfeasance and fraudulent conveyance, that we can pay them when they do wrongly, while the rest of Americans (the true Americans) pay their debts while paying the penalty incurred by Harvard and Dartmouth grads.

Dividend Payer

January 1, 2009 7:47 AM

Its also nice to know that reporters, know how to look for the real story and as journalist, unwittingly and wittingly, go along, and also overlook the fleecing of the tax payer base. Thank god for side show hedge fund managers who made off with a tiny amount of money, compared to how much banks and their brokerage arms have taken away from the trust of the American people.

With a round mouth hedge fund manager who is "a psychopath," it much is easier to have the story handed to you and thereby, overlook the fraudulent conveyances that occurred in our largest banks and their brokerage arms.

"The Harvard Business degree is everything." ....What a joke.

This is the biggest dose of fluff and bluster, I have seen being offered as news, in a long time.

Dividends Unpaid

February 18, 2009 4:31 PM

Dividend Payer, you sound like a disgruntled applicant who just recieved his rejection letter.

Dividends Receivable

September 1, 2009 5:49 AM

Dividend Payer, try putting the same amount of effort you showed above in your next application.

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